as promised, ATTA just started to moved, but it would be stupid to sell this month, you gonna see the high get taken out by 10-20%, the only reason to sell is when the high 1.5 get taken with a surplus of 20%. Meanwhile, ATTA warrant players should be looking for at least 200% gain profit, the profit is grown in the holding, it's not in the process of buy and sell.
freonsf, Atta LA is better buy compared to warrant. Results will be out soon, so good time to buy as price is so low and from TA, looking good. Many bought at 50, 40, 30 and recently 20 cents !!!!
Also , can get 10 sen div when changed to Mom at 90 cents. So only need 80 cents.!!!
You have to see the face of non believers when I said the bounce will happen, now they have to chase, not only that, they will take small profit and then regret when the huge rally is going to take place likely this or next week. for warrant players, the 5-10% increase daily gain should be the norm for coming month, watch the increasing volume as the price goes higher, if you are not in, then just watch us make money on the sideline.
Mind You, ATTA WB was RM 0.765.You do the maths on how much upside is there to this warrant. Last time people buy at RM 0.75 thinking it may go RM1.00.. Who knows, after all? haha..
Selling ATTA warrant would be a stupid idea cause the mother is not even marked up yet, but then there are some itchy fingers who like to take tiny profits, it's fine with me, cause their opportunity cost would be our gain. As promised the higher volume came, and it will take it even further when the mother actually move.
My take is that the price won't be going down much anymore pending the coming AGM. The price has been fallen to the level that "some people" think it's the right price for the company to exercise its buyback rights. Buying back means lesser shares in the open market. Lesser shares means, price will go up.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
air01557
2,511 posts
Posted by air01557 > 2017-08-04 11:06 | Report Abuse
volume is building up - positive